Fretting Over Funds? Instead,
Turn Losses Into Lower Taxes

It's been a bad year for most mutual-fund investors. But rather than fret about your losses, now is a good time to use them to lower your taxes.

Like many things about investing, selling mutual-fund shares for the tax loss can seem complicated at first. But once you get the hang of it, and are diligent about keeping detailed records, the effort can pay off in substantial savings.